Question

Madison Services Company had the following transactions during the month of April:

Apr. 2. Issued Invoice No. 201 to Triple Play Corp. for services rendered on account, $345. 3. Issued Invoice No. 202 to Mid States Inc. for services rendered on account,$410. 14. Issued Invoice No. 203 to Triple Play Corp. for services rendered on account, $110. 25. Issued Invoice No. 204 to Parker Co. for services rendered on account,$830. 28. Collected Invoice No. 201 from Triple Play Corp.

 REVENUE JOURNAL  Invoice  Post.  Accts. Rec. Dr.  Date  No.  Account Debited  Ref.  Fees Earned Cr. \begin{aligned} &\text { REVENUE JOURNAL }\\ &\begin{array}{lcccc} \hline & \text { Invoice } & & \text { Post. } & \text { Accts. Rec. Dr. } \\ \text { Date } & \text { No. } & \text { Account Debited } & \text { Ref. } & \text { Fees Earned Cr. } \\ \hline \end{array} \end{aligned}

b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for April?

Solution

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Answered 10 months ago
Answered 10 months ago
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In this exercise, we will determine the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for April.

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